The global luminaire market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for energy-efficient lighting solutions and growing awareness about the benefits of LED lighting. The residential segment accounted for the largest share in the global luminaire market in 2018, followed by office and shop segments.
LED luminaires are expected to dominate the global luminaire market during the forecast period, owing to their high efficiency and low maintenance costs. In addition, they have a longer lifespan than other types of lamps such as CFLs or LFLs which makes them more cost-effective over time.
Some Of The Growth Factors Of This Market:
- The growth of the Luminaire market is driven by the increasing demand for energy efficient lighting solutions and growing awareness about the benefits of LED lighting.
- Increasing demand for LED luminaires in developing countries such as India, China, and Brazil will drive the growth of this market.
- Increasing adoption of LED technology in residential and commercial buildings will also drive the growth of this market.
- The high cost associated with installation and maintenance will be a major restraint on this market.
Industry Growth Insights published a new data on “Luminaire Market”. The research report is titled “Luminaire Market research by Types (LED Luminaire, CFL Luminaire, LFL Luminaire, HID Luminaire, Halogen Luminaire, Incandescent Luminaire, ), By Applications (Residential, Office, Shop, Hospitality, Industrial, Outdoor, ), By Players/Companies Philips Lighting, OSRAM, GE Lighting, Panasonic, Acuity Brands, Eaton, Cree, Thorn Lighting, TOSHIBA, Hubbell Lighting, Asian Electronics, Bajaj Electricals, Targetti, Taschibra, LSI Industries, SIMKAR, Thorlux Lighting, Evolution Lighting, KALCO Lighting, Venture, Foshan Lighting, Opple Lighting, NVC Lighting, YANKO Lighting, PAK Corporation, LEEDARSON, Kingsun Optoelectronic, Forest Lighting, Huayi Lighting, TCL Lighting”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luminaire Market Research Report
By Type
LED Luminaire, CFL Luminaire, LFL Luminaire, HID Luminaire, Halogen Luminaire, Incandescent Luminaire,
By Application
Residential, Office, Shop, Hospitality, Industrial, Outdoor,
By Companies
Philips Lighting, OSRAM, GE Lighting, Panasonic, Acuity Brands, Eaton, Cree, Thorn Lighting, TOSHIBA, Hubbell Lighting, Asian Electronics, Bajaj Electricals, Targetti, Taschibra, LSI Industries, SIMKAR, Thorlux Lighting, Evolution Lighting, KALCO Lighting, Venture, Foshan Lighting, Opple Lighting, NVC Lighting, YANKO Lighting, PAK Corporation, LEEDARSON, Kingsun Optoelectronic, Forest Lighting, Huayi Lighting, TCL Lighting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Luminaire Market Report Segments:
The global Luminaire market is segmented on the basis of:
Types
LED Luminaire, CFL Luminaire, LFL Luminaire, HID Luminaire, Halogen Luminaire, Incandescent Luminaire,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Office, Shop, Hospitality, Industrial, Outdoor,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Lighting
- OSRAM
- GE Lighting
- Panasonic
- Acuity Brands
- Eaton
- Cree
- Thorn Lighting
- TOSHIBA
- Hubbell Lighting
- Asian Electronics
- Bajaj Electricals
- Targetti
- Taschibra
- LSI Industries
- SIMKAR
- Thorlux Lighting
- Evolution Lighting
- KALCO Lighting
- Venture
- Foshan Lighting
- Opple Lighting
- NVC Lighting
- YANKO Lighting
- PAK Corporation
- LEEDARSON
- Kingsun Optoelectronic
- Forest Lighting
- Huayi Lighting
- TCL Lighting
Highlights of The Luminaire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Luminaire
- CFL Luminaire
- LFL Luminaire
- HID Luminaire
- Halogen Luminaire
- Incandescent Luminaire
- By Application:
- Residential
- Office
- Shop
- Hospitality
- Industrial
- Outdoor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luminaire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A luminaire is a light fixture.
Some of the major companies in the luminaire market are Philips Lighting, OSRAM, GE Lighting, Panasonic, Acuity Brands, Eaton, Cree, Thorn Lighting, TOSHIBA, Hubbell Lighting, Asian Electronics, Bajaj Electricals, Targetti, Taschibra, LSI Industries, SIMKAR, Thorlux Lighting, Evolution Lighting, KALCO Lighting, Venture, Foshan Lighting, Opple Lighting, NVC Lighting, YANKO Lighting, PAK Corporation, LEEDARSON, Kingsun Optoelectronic, Forest Lighting, Huayi Lighting, TCL Lighting.
The luminaire market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luminaire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luminaire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luminaire Market - Supply Chain
4.5. Global Luminaire Market Forecast
4.5.1. Luminaire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luminaire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luminaire Market Absolute $ Opportunity
5. Global Luminaire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luminaire Market Size and Volume Forecast by Type
5.3.1. LED Luminaire
5.3.2. CFL Luminaire
5.3.3. LFL Luminaire
5.3.4. HID Luminaire
5.3.5. Halogen Luminaire
5.3.6. Incandescent Luminaire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luminaire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luminaire Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Office
6.3.3. Shop
6.3.4. Hospitality
6.3.5. Industrial
6.3.6. Outdoor
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luminaire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luminaire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luminaire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luminaire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luminaire Demand Share Forecast, 2019-2026
9. North America Luminaire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luminaire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luminaire Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Office
9.4.3. Shop
9.4.4. Hospitality
9.4.5. Industrial
9.4.6. Outdoor
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luminaire Market Size and Volume Forecast by Type
9.7.1. LED Luminaire
9.7.2. CFL Luminaire
9.7.3. LFL Luminaire
9.7.4. HID Luminaire
9.7.5. Halogen Luminaire
9.7.6. Incandescent Luminaire
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luminaire Demand Share Forecast, 2019-2026
10. Latin America Luminaire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luminaire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luminaire Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Office
10.4.3. Shop
10.4.4. Hospitality
10.4.5. Industrial
10.4.6. Outdoor
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luminaire Market Size and Volume Forecast by Type
10.7.1. LED Luminaire
10.7.2. CFL Luminaire
10.7.3. LFL Luminaire
10.7.4. HID Luminaire
10.7.5. Halogen Luminaire
10.7.6. Incandescent Luminaire
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luminaire Demand Share Forecast, 2019-2026
11. Europe Luminaire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luminaire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luminaire Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Office
11.4.3. Shop
11.4.4. Hospitality
11.4.5. Industrial
11.4.6. Outdoor
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luminaire Market Size and Volume Forecast by Type
11.7.1. LED Luminaire
11.7.2. CFL Luminaire
11.7.3. LFL Luminaire
11.7.4. HID Luminaire
11.7.5. Halogen Luminaire
11.7.6. Incandescent Luminaire
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luminaire Demand Share, 2019-2026
12. Asia Pacific Luminaire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luminaire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luminaire Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Office
12.4.3. Shop
12.4.4. Hospitality
12.4.5. Industrial
12.4.6. Outdoor
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luminaire Market Size and Volume Forecast by Type
12.7.1. LED Luminaire
12.7.2. CFL Luminaire
12.7.3. LFL Luminaire
12.7.4. HID Luminaire
12.7.5. Halogen Luminaire
12.7.6. Incandescent Luminaire
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luminaire Demand Share, 2019-2026
13. Middle East & Africa Luminaire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luminaire Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luminaire Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Office
13.4.3. Shop
13.4.4. Hospitality
13.4.5. Industrial
13.4.6. Outdoor
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luminaire Market Size and Volume Forecast by Type
13.7.1. LED Luminaire
13.7.2. CFL Luminaire
13.7.3. LFL Luminaire
13.7.4. HID Luminaire
13.7.5. Halogen Luminaire
13.7.6. Incandescent Luminaire
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luminaire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Luminaire Market: Market Share Analysis
14.2. Luminaire Distributors and Customers
14.3. Luminaire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OSRAM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Panasonic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Acuity Brands
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eaton
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cree
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thorn Lighting
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TOSHIBA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hubbell Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Asian Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bajaj Electricals
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Targetti
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Taschibra
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. LSI Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SIMKAR
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Thorlux Lighting
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Evolution Lighting
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. KALCO Lighting
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Venture
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
